Nine directors of a number of state-owned grain depots in Lanxi county of Northeast China's Heilongjiang province have been charged with fraud after swindling a bank out of 170 million yuan ($26 million).
Algorithmic trading, the using of computer programs to decide when and how to trade certain assets such as stocks and derivatives, will bring new opportunities to Chinese investors, and China's financial markets will accordingly become more efficient.
A man, irritated with service at his local bank, withdrew 1 yuan (14 cents) at a time to agonize a bank worker, resulting in the police being called to resolve the conflict, the Shandong Business Daily reported.
France-based Suez Environment (Suez) and US-based General Electric Co (GE) recently signed an agreement to jointly develop new urban water management technologies, and the first projects will focus on cities in China and France, China Securities Journal reported Thursday.
A tour motorcade departed from Changchun city, Northeast China's Jilin province Thursday, headed to the border city of Rason, Democratic People's Republic of Korea (DPRK), becoming the first tourists from China to drive across the border into the DPRK, China News Service reported Thursday.
An estimated 200 tons of herbal chrysanthemums containing a banned toxic chemical has entered the market, cnr.cn reported Thursday.